The China Mail - Climate experts warn of fossil fuel tactics at COP28

USD -
AED 3.672497
AFN 63.515562
ALL 83.12797
AMD 366.308748
ANG 1.790403
AOA 917.502526
ARS 1479.243508
AUD 1.450652
AWG 1.80125
AZN 1.69913
BAM 1.721352
BBD 2.010121
BDT 122.760077
BGN 1.69088
BHD 0.376429
BIF 2979.101666
BMD 1
BND 1.296498
BOB 6.896673
BRL 5.192678
BSD 0.998064
BTN 94.44464
BWP 13.654226
BYN 2.812785
BYR 19600
BZD 2.007217
CAD 1.42399
CDF 2268.9996
CHF 0.811755
CLF 0.023334
CLP 918.380371
CNY 6.790502
CNH 6.81023
COP 3444
CRC 454.317424
CUC 1
CUP 26.5
CVE 97.047175
CZK 21.331301
DJF 177.723992
DKK 6.579675
DOP 58.501509
DZD 133.465986
EGP 49.619801
ERN 15
ETB 160.903882
EUR 0.88015
FJD 2.244199
FKP 0.75995
GBP 0.758965
GEL 2.640308
GGP 0.75995
GHS 11.17849
GIP 0.75995
GMD 72.499188
GNF 8744.823823
GTQ 7.613096
GYD 208.766062
HKD 7.839705
HNL 26.705451
HRK 6.630796
HTG 130.494669
HUF 312.586503
IDR 17932.35
ILS 2.980591
IMP 0.75995
INR 94.51045
IQD 1307.42827
IRR 1375049.999937
ISK 126.919687
JEP 0.75995
JMD 157.189944
JOD 0.708969
JPY 161.8265
KES 129.502101
KGS 87.450051
KHR 4009.804482
KMF 434.000145
KPW 900.00035
KRW 1543.319738
KWD 0.30967
KYD 0.83172
KZT 485.697941
LAK 21907.234642
LBP 89385.366197
LKR 336.710086
LRD 181.790178
LSL 16.592853
LTL 2.95274
LVL 0.60489
LYD 6.418764
MAD 9.383647
MDL 17.675508
MGA 4169.142012
MKD 54.229906
MMK 2099.534862
MNT 3583.823146
MOP 8.060817
MRU 39.906531
MUR 48.189494
MVR 15.449943
MWK 1730.58559
MXN 17.61135
MYR 4.113698
MZN 63.909781
NAD 16.592853
NGN 1370.599182
NIO 36.727204
NOK 9.860895
NPR 151.11027
NZD 1.772215
OMR 0.384507
PAB 0.998064
PEN 3.384879
PGK 4.378573
PHP 61.341026
PKR 277.579134
PLN 3.77293
PYG 6087.836648
QAR 3.628322
RON 4.607901
RSD 103.324981
RUB 74.901959
RWF 1466.108669
SAR 3.747299
SBD 8.051953
SCR 14.807516
SDG 600.000095
SEK 9.74825
SGD 1.296969
SHP 0.746601
SLE 24.860893
SLL 20969.503664
SOS 570.407629
SRD 37.460004
STD 20697.981008
STN 21.56282
SVC 8.732617
SYP 110.532098
SZL 16.590316
THB 33.4025
TJS 9.266854
TMT 3.5
TND 2.966907
TOP 2.40776
TRY 46.515095
TTD 6.767294
TWD 31.809504
TZS 2620.689008
UAH 44.799222
UGX 3682.450273
UYU 39.843337
UZS 12001.408203
VES 620.752985
VND 26330.5
VUV 119.820737
WST 2.777776
XAF 577.322754
XAG 0.017474
XAU 0.000251
XCD 2.70255
XCG 1.798715
XDR 0.718004
XOF 577.325295
XPF 104.963915
YER 238.624977
ZAR 16.55295
ZMK 9001.201282
ZMW 17.989791
ZWL 321.999592
  • RBGPF

    0.0000

    61.3

    0%

  • CMSC

    -0.0450

    22.065

    -0.2%

  • BCC

    5.8600

    77.66

    +7.55%

  • RIO

    -1.5500

    94.03

    -1.65%

  • BCE

    0.1600

    23.2

    +0.69%

  • NGG

    1.2600

    82.83

    +1.52%

  • BP

    -1.4700

    37.86

    -3.88%

  • GSK

    -0.9800

    51.09

    -1.92%

  • CMSD

    0.0600

    22.02

    +0.27%

  • BTI

    0.6500

    61.39

    +1.06%

  • RELX

    -0.0600

    31.15

    -0.19%

  • JRI

    -0.0600

    12.57

    -0.48%

  • RYCEF

    -0.1600

    18

    -0.89%

  • VOD

    -0.2400

    13.81

    -1.74%

  • AZN

    2.0000

    183.02

    +1.09%

Climate experts warn of fossil fuel tactics at COP28
Climate experts warn of fossil fuel tactics at COP28 / Photo: © AFP/File

Climate experts warn of fossil fuel tactics at COP28

Oil-rich Gulf states have positioned themselves as both champions of climate innovation and guardians of fossil fuel interests -- a balancing act experts warn could derail action at COP28 in Dubai.

Text size:

This year's United Nations climate summit is being chaired and hosted by the United Arab Emirates, a country dubbed "an oil company with a state attached" by one observer who requested anonymity so they could speak freely about the negotiations.

According to COP28 director general Majid Al Suwadi, "the UAE has been a leader when it comes to climate change".

"We have been doing our part," he said in September.

But one of the "inherent flaws of the COP system" is that national interests -- particularly the host's -- inevitably influence the outcome, said Ahmed El Droubi, international campaigns manager at Climate Action Network.

Indeed, the UAE has appointed Sultan Al Jaber, the head of state-owned oil company ADNOC, as COP president, drawing protests from environmentalists.

At COP27 in Egypt, where oil and gas lobbyists outnumbered most delegations, the final text included a last-minute provision to boost "low-emission energy".

That term includes natural gas, into which Egypt has invested billions of dollars in recent years.

In Dubai, activists expect the fight will be even harder, with the hydrocarbons industry intent on "not just delaying, denying, diverting meaningful climate action, but also greenwashing their polluting work", Farhana Sultana, professor of geography and the environment at Syracuse University, told AFP.

With time running out, the stakes are higher than ever at COP28.

To keep global warming at an average of 1.5C above pre-industrial temperatures, greenhouse gas emissions must drop 43 percent by 2030 from 2019 levels, according to the Intergovernmental Panel on Climate Change, the UN's climate body.

"At the moment, we're not cutting anything, and the situation gets more urgent every year," Karim Elgendy, associate fellow at Chatham House, told AFP.

- Delay the 'inevitable' -

Jaber, who is also the UAE's climate envoy and co-founder of state-owned renewable energy company Masdar, is not the only oil industry veteran on the front lines of the climate fight.

The European Union's COP28 delegation is led by Dutch former foreign minister and ex-Shell employee Wopke Hoekstra, an appointment that has also been controversial.

According to Droubi, despite Jaber's clear "conflict of interest" as ADNOC chief, he "has actually said the most progressive thing of any COP president: that phasing down fossil fuels is inevitable".

But "inevitable", Elgendy says, "is a very calculated word".

In the name of energy market stability, fossil fuel giants including the UAE, Saudi Arabia and the United States have argued for continued new investments in hydrocarbons before an eventual transition.

In October, Jaber said "we cannot unplug the energy system of today before we build the new system of tomorrow", and encouraged activists to separate "reality from fantasies".

But "no one is saying turn it off immediately", Elgendy said.

"What they're saying is don't dig any more wells, don't expand capacity."

To stick to the 1.5C threshold, the International Energy Agency has called for an end to new investments in coal, oil and natural gas.

Saudi Arabia, the world's biggest oil exporter, has slammed the IEA as a "political" body, and the industry is proceeding with vast expansion globally.

According to Elgendy, more attention should be given to the solutions that matter, including cutting oil and gas subsidies -- which according to the International Monetary Fund were $7 trillion in 2022, or seven percent of global GDP.

- De-link and keep drilling -

The UAE has long been diversifying its economy, and says 70 percent of its GDP comes from non-oil sectors. It has pledged tens of billions of dollars in renewable energy investments.

"But for them, that means expanding into renewables, not actually limiting fossil fuels," according to Droubi.

At COP28, many countries, and the EU, will argue for an unprecedented commitment to move away from "unabated" fossil fuels.

Droubi said what the UAE is pushing, and what activists "are pushing back on, is de-linking the phase-in of renewables from the phase-out of fossil fuels".

On one hand, Gulf states say there will always be the need for some oil. And because theirs is the world's "cheapest and cleanest", they should be "the last producers standing", Elgendy said.

On the other hand, they have adopted what he calls an "unorthodox" climate approach where the key is not to cut carbon -- as scientists insist is necessary -- but to "manage carbon; we'll reuse it and recycle it and ultimately we'll sequester it underground".

- Running out of time -

Instead of cutting fossil fuels outright, oil giants have touted several once-marginal technologies as promising solutions to cut emissions.

They include carbon capture and storage (CCS), direct air capture and carbon credit trading -- all carbon management mechanisms that amount to "false climate solutions", according to Sultana.

CCS prevents CO2 from entering the atmosphere by siphoning exhaust from power plants, while direct air capture pulls CO2 from thin air.

Both technologies have been demonstrated to work, but remain far from maturity and commercial scalability.

Carbon credit trading schemes -- which underpin much of the world's "net zero" ambitions -- have long been dogged by charges of deception, poor transparency, dodgy accounting practices and in-built conflicts of interest.

According to Elgendy, these solutions "need several years to be viable, and we simply don't have that time".

In September, UN chief Antonio Guterres warned: "We must make up time lost to foot-dragging, arm-twisting and the naked greed of entrenched interests raking in billions from fossil fuels."

B.Clarke--ThChM